Bitcoin price is likely to follow the stock market movement after the Trump tariff: Report
Bitcoin’s flexibility has been entrusted with the constant correction of the stock market. However, experts warn that the stability of BTC in the face of correcting the stock market is short -term. Matrixport is also highlighted, Bitcoin is expected to reflect stock market movements after the Donald Trump ads.
Will Bitcoin keep the potential stock market movement?
In the recent publication, Crypto Financial Platform Matrixport shed light on Bitcoin’s connection With the stock market. Although the leading cryptocurrency has remained flexible amid the contraction of the prevailing stock market, analysts expect a potential transformation in the market in the near future.
It is worth noting that the analyst Marcus Thielin is expected to track the price of bitcoin stock market movements in light of the next tariff for Trump. This can bring increased volatility to the market.
Currently, Bitcoin Financing rates are only marginally, and retail trading volumes have decreased to their lowest levels in the summer of 2024. This trend refers to a cautious investor feeling, as traders hesitate to make significant moves. As a result, analysts expect the bitcoin price to move in line with the stocks, and provides opportunities and challenges to traders. However, given the current market mode, a major reaction appears to be moved by beta.
How will Trump’s tariff plans affect the encryption market?
For context, Donald Trump is scheduled to reveal the tariff plans today. This strategy may include a mutual tariff targeting 15 countries, including China, Canada and Mexico.
Miscellaneous, Trump’s potential step is expected to affect the encryption market, with assets like Bitcoin feel heat. The introduction of customs tariffs has pushed investors away from risk assets such as cryptocurrencies, deepening the relationship between digital and traditional assets such as stocks and bonds. Commenting on the matter, Aran Hker, CEO of Coinpanel, said,
The macro consequences that are increasingly moved by the formation of price movement in the main encryption. The role of NASDAQ as a major indicator in the current risk step provides a useful criterion for parallel weaknesses through the digital asset market.
Will the bitcoin price make a post -tariff tariff?
Bitcoin suffers from Rollercoasster riding in the past few weeks, reaching the highest level at all times at 108 thousand dollars and decreased to less than 80 thousand dollars. Looking at the strong link between Bitcoin and stock markets, analysts expect that BTC is ready for major Inclome after Trump’s tariff plans.
However, others argue that the customs tariff strategy can enhance the long -term growth of Bitcoin. According to Colombia, Professor of Business College, Omid Malekan, can appear BTC as a substitute for traditional safe havens such as gold. He pointed out that “Bitcoin has been found in some circles such as” digital gold “and material diversity rises in the news of the customs tariff.
Malikan’s statement comes in contrast to the dismissal of critic Peter Chef with the title of encryption as digital gold. Quoted from bitcoin fluctuations and underlying threats, she addressed her chef as a digital danger.
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
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